OSFI proposes new stress test for uninsured mortgages | INVESTMENT EXECUTIVE

April 8, 2021, by Jordan Press, Canadian Press. The federal banking regulator is proposing increased requirements to the stress test facing homebuyers with uninsured mortgages as it looks ahead to a return to pre-pandemic financial conditions with higher interest rates. The proposal from the Office of the Superintendent of Financial Institutions would set the qualifying…

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